66
66
Dec 4, 2013
12/13
by
CNBC
tv
eye 66
favorite 0
quote 0
if this environment changes, people are going to take a second look and say, wait a minute. they haven't grown operating income in three years, can't grow revenue. almost every facet of the business is declining, not growing, maybe this is not worth 28, maybe it's worth 22. i don't think it's egregiously expensive. not the kind of thing i want to allocate dollars to? not expensive at all. if you look at chart this stock after the last earnings basically took back when it lost when announced third-quarter earnings when it dropped 12%. in other words, it's now regained this $26 level. it's traded through it, and technically the stock looks interesting, too. >> all right. las vegas sands, another big winner today. that sent the stock up more than 60% this year. overrated, underestimated? b.k.? >> you know, b.k. would usually say a stock up 60% would be overrated, but i'm going to go underestimated on this. >> really. >> here's y.relative to it peers it's priced fairly well. it has a lot of growth potential. we also have the emerging markets potential in there. people have certa
if this environment changes, people are going to take a second look and say, wait a minute. they haven't grown operating income in three years, can't grow revenue. almost every facet of the business is declining, not growing, maybe this is not worth 28, maybe it's worth 22. i don't think it's egregiously expensive. not the kind of thing i want to allocate dollars to? not expensive at all. if you look at chart this stock after the last earnings basically took back when it lost when announced...
60
60
Dec 6, 2013
12/13
by
CNBC
tv
eye 60
favorite 0
quote 0
so even in this market environment, staples are doing well. just the things you use every single day. >> there you go. all about bleach. they're always watching you. apple. unveiling a way they can track you now inside one of their own stores. cnbc is the first tv broadcaster that's going to be able to show this to you, josh lipton is in palo alto, california, with it. >> yeah. it's a new way now to shop at apple stores. starting today at stores across the country including the one in palo alto, california, you can be sort of guided as you walk through the store and get specific information about products and events that are tailored for you. here's how it basically works. when you get to the store opt in to use the ibeacon feature. sends a signal, your phone registers and you get information about products or events. you get to the store let's say and you made a purchase on-line you will be asked do you want to pick up that purchase, but then as you walk through the store, it changes. so maybe as you cruise past that iphone display, you might
so even in this market environment, staples are doing well. just the things you use every single day. >> there you go. all about bleach. they're always watching you. apple. unveiling a way they can track you now inside one of their own stores. cnbc is the first tv broadcaster that's going to be able to show this to you, josh lipton is in palo alto, california, with it. >> yeah. it's a new way now to shop at apple stores. starting today at stores across the country including the one...
42
42
Dec 10, 2013
12/13
by
CNBC
tv
eye 42
favorite 0
quote 0
the macro environment is improving. >> something is unhappy with a managed account or any advise that we rendered to investors. so we're stepping up to make that happen. >> clearly some big news for one of your portfolio holdings. she is is a woman, and i think it will be a seamless transition. >> breaking news. john? >> we have got an announcement of a budget deal. the two chairs of the house and senate budget committees. this is something we have known about for some time. it is expected to be, we will get the details in a few minutes about a $90 billion deal that would lift the sequester caps easing some of the squeeze. it would involve some deficit reducti reduction. you have got no tax increases in this although there will be an increase in aviation fees, something that the house and senate and obama administration expressed tsh in before. they do hit things we are waiting to see whether or not there is any sort of agreement. democrats made that last minute demand. we don't think it will be part of this deal. we may get an agreement to vote on a short term extension. the congress
the macro environment is improving. >> something is unhappy with a managed account or any advise that we rendered to investors. so we're stepping up to make that happen. >> clearly some big news for one of your portfolio holdings. she is is a woman, and i think it will be a seamless transition. >> breaking news. john? >> we have got an announcement of a budget deal. the two chairs of the house and senate budget committees. this is something we have known about for some...
38
38
Dec 6, 2013
12/13
by
CNBC
tv
eye 38
favorite 0
quote 0
been doing well, they can do a lot better in an environment like that. we have to accept in life that a lot of our investing is cyclical. and that's one of the reasons why you try to stay schematic. but we're heading for normalization. but i think the market will trade higher next year, just not with the fervor that we've had in 2013. >> anthony, good to talk to you, as always. >> thanks, guys. >>> coming up, intel getting a boost, having a solid year, but still upperforming. so can the stock catch up? a difference of opinion on the desk. >>> linkedin is the call of the day. much more straight ahead. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help shar
been doing well, they can do a lot better in an environment like that. we have to accept in life that a lot of our investing is cyclical. and that's one of the reasons why you try to stay schematic. but we're heading for normalization. but i think the market will trade higher next year, just not with the fervor that we've had in 2013. >> anthony, good to talk to you, as always. >> thanks, guys. >>> coming up, intel getting a boost, having a solid year, but still...
102
102
Dec 3, 2013
12/13
by
CNBC
tv
eye 102
favorite 0
quote 0
and also things like energy, environment, that's also uk is very, very strong. so i think both sides are looking at opportunities both for investments of china's capital in the uk, but also how the uk businesses could share a bigger size of the cake. because the uk investment is minuscule compared with other european countries in china. >> yeah. and do you think this will help london become the major offshore trading center for the renminbi? >> i think london is very well positioned, indeed, because after all, london is the leading financial center in the world and, of course, the china's bands also are already being welcomed in london and, in fact, recently, the china businesses consortium has bought a sizable chunk of the area next to the city of london. so that gives the china business an opportunity to be near the financial center, bring in china's businesses to london. but, of course, london is a launching plat for china's businesses all around europe. so i think london is very well positioned, indeed, in terms of financial services. >> boris johnson will h
and also things like energy, environment, that's also uk is very, very strong. so i think both sides are looking at opportunities both for investments of china's capital in the uk, but also how the uk businesses could share a bigger size of the cake. because the uk investment is minuscule compared with other european countries in china. >> yeah. and do you think this will help london become the major offshore trading center for the renminbi? >> i think london is very well...
146
146
Dec 3, 2013
12/13
by
CNBC
tv
eye 146
favorite 0
quote 0
so, in that kind of an environment, 8% to 10% is not at all unreasonable. price earnings ratio, 16.3. we're looking at forward earnings below that. we can continue to see a little expansion on multiples. a little expansion on earnings over this year. and with the dividends, 8% to 10% organically is reasonable to expect for 2014. where we expect a lot more -- or could expect a lot more would be in places like japan where the margins are much lower, corporate profit margins in the united states so as growth increases, we can really see that leveraging up in earnings. we can see something similar to that in europe. so, we may very well see earnings north of -- equity market performance north of 8 % in both europe and japan. >> from your lips to the market god's ears. anthony, good to see you. thank you. >> same here. >> see you later. heading toward the close. we've got 17 minutes left in the trading session. actually, coming off the low a little bit here. down 118 points on the dow right now. >> actually it was last december, i think, if you went back, this p
so, in that kind of an environment, 8% to 10% is not at all unreasonable. price earnings ratio, 16.3. we're looking at forward earnings below that. we can continue to see a little expansion on multiples. a little expansion on earnings over this year. and with the dividends, 8% to 10% organically is reasonable to expect for 2014. where we expect a lot more -- or could expect a lot more would be in places like japan where the margins are much lower, corporate profit margins in the united states...
48
48
Dec 5, 2013
12/13
by
CNBC
tv
eye 48
favorite 0
quote 0
home, because the people just don't want to believe that rising rates can actually be good in this environment. >> i think 2014 is going to be a stock picker's market, and i think it will play out in some stocks and not others. so again, i think the market's gotten okay with taper. it's not an if, but a when. the delay made people more comfortable with it, so i think we're almost there. >> suni, great to see you. >> thank you. >>> ford is unveiling a new mustang, but the buzz is about ceo mulally. will he stay or will he go? our phil lebeau asked him pointblank, and we'll get that answer next. >>> and if he goes, could he land at microsoft? that really is the big question. even though it's one of the dow's top performers this year, someone here says not even alan mulally could save it. so we have a microsoft debate straight ahead. >>> apple is getting a boost on a report it's inked a deal with china mobile, but the company is getting another push from carl icahn. how should you play it? that and much more straight ahead. [ bagpipes and drums playing over ] [ music transitions to rock ] make it
home, because the people just don't want to believe that rising rates can actually be good in this environment. >> i think 2014 is going to be a stock picker's market, and i think it will play out in some stocks and not others. so again, i think the market's gotten okay with taper. it's not an if, but a when. the delay made people more comfortable with it, so i think we're almost there. >> suni, great to see you. >> thank you. >>> ford is unveiling a new mustang, but...
96
96
Dec 3, 2013
12/13
by
CNBC
tv
eye 96
favorite 0
quote 0
the industrial player has been dealing with a slow growth environment but the company has been cutting costs and analysts say that could help future margin growth. next up, pea body energy down 30% year to date. but this quarter they're up 5.5%, coming off a strong beaten earnings thanks to lower expenses. finally shares of apple up little over 5% year to date. one of the big tech laggards this year. rising anticipation that apple will lock in a deal with china mobile has helped shares gain about 17% over the past quarter. new products, specifically in the wearable space is seen as another potential catalyst. many ap lists are bullish on apple. ubs upgrading the stock to buy, writing that higher of burberry's angela hence may provide an inspiring face to the company. >>> a major ruling has come out regarding detroit's future. a judge allowing the city's chapter 9 bankruptcy filing to proceed, despite big protests. senior correspondent scott cohen is live in detroit to sort it out for us. >> tyler, saying detroit's situation is unworkable and dangerous, judge roads approved the largest
the industrial player has been dealing with a slow growth environment but the company has been cutting costs and analysts say that could help future margin growth. next up, pea body energy down 30% year to date. but this quarter they're up 5.5%, coming off a strong beaten earnings thanks to lower expenses. finally shares of apple up little over 5% year to date. one of the big tech laggards this year. rising anticipation that apple will lock in a deal with china mobile has helped shares gain...
135
135
Dec 5, 2013
12/13
by
CNBC
tv
eye 135
favorite 0
quote 0
so soon, tyler, as rates rise, it could create a more competitive environment for these high-yielding dividend stocks. >> i'm sure it will. thank you, seema. >>> well, today marks the anniversary of alan greenspan's famous irrational exuberance warning to the markets. >> how do we know when irrational exuberance has unduly escalated asset values which then become subject to unexpected and prolonged contractions? >> ah, so 17 years later, as stocks sit as record highs, which companies could be suffering from a little irrational exuberance of their own? dominic chu has been looking into that for us. >> think about it. let's pretend we're in a time machine, go back to december 5th, '96. markets then versus what they are today. on a bigger picture macro level, look at the crude trade, $26 a barrel. yield on ten-year treasuries, 6% back then. now under 3% today. and how about the stock market? we're just off those record l highs, 1,790 on that day in 1996, it was 745. valuations, they're reasonable on a relative basis. back then you were paying about $19 for every dollar in stock price in
so soon, tyler, as rates rise, it could create a more competitive environment for these high-yielding dividend stocks. >> i'm sure it will. thank you, seema. >>> well, today marks the anniversary of alan greenspan's famous irrational exuberance warning to the markets. >> how do we know when irrational exuberance has unduly escalated asset values which then become subject to unexpected and prolonged contractions? >> ah, so 17 years later, as stocks sit as record highs,...
165
165
Dec 6, 2013
12/13
by
CNBC
tv
eye 165
favorite 0
quote 0
performance is unsatisfactory and it's trying to navigate its way through an intensely promotional environment. we've seen a lot of retailers that have had trouble with this. a lot of blow-ups over the last week or so. >>> when we come back, it is arguably the most important economic data release of the month. the november jobs report a few minutes away. >>> but first, weekend reading for you, the latest edition of the talking squawk blog is up, go to squawk.cnbc.com. get the scoop in the higher learning series. plus, the latest word on the jumble update. i think we're tied this week. i think we're tied 2-2. plus, there's a whole section about steve liesman's groupies and a way that you can -- you can apply to be a groupie. >> you don't need to read that. >> the google party, and why joe enjoys wearing a kit. talking squawk, squawk.cnbc.com. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 o
performance is unsatisfactory and it's trying to navigate its way through an intensely promotional environment. we've seen a lot of retailers that have had trouble with this. a lot of blow-ups over the last week or so. >>> when we come back, it is arguably the most important economic data release of the month. the november jobs report a few minutes away. >>> but first, weekend reading for you, the latest edition of the talking squawk blog is up, go to squawk.cnbc.com. get the...
172
172
Dec 10, 2013
12/13
by
CNBC
tv
eye 172
favorite 0
quote 0
if you buy in an environment that it builds a head of steam out of nowhere, that's lieutenant general facebook to 18. yelp, a huge amount of stock and the deal -- i spoke to the ceo last month. we visited the cloud conference hosted by sales force.com, and i thought this was a good company with revenues that has a story that makes a ton of sense. but yelp is in grab mode and trying to take over the world and become the dominant worldwide on-line yellow pages. that's the analog here. right now it's not focused on turning a profit. that was not considered acceptable to those twitter-led resurgence of late. now yelp's stock has found its footing, and it's turning around, and it's got the mo. linked in has had a similar trajectory. this wants to be the on-line catalog of professionals, white collar white pages so to speak. in none other than the gross stock favorite -- the market didn't like that prescription for growth. the stock got hammered mercilessly after reported at the end of october. now linkedin is climbing back. many regard it as the amazon model. it comes back into vogue. amaz
if you buy in an environment that it builds a head of steam out of nowhere, that's lieutenant general facebook to 18. yelp, a huge amount of stock and the deal -- i spoke to the ceo last month. we visited the cloud conference hosted by sales force.com, and i thought this was a good company with revenues that has a story that makes a ton of sense. but yelp is in grab mode and trying to take over the world and become the dominant worldwide on-line yellow pages. that's the analog here. right now...
147
147
Dec 4, 2013
12/13
by
CNBC
tv
eye 147
favorite 0
quote 0
and that's because of all the cost-cutting, wage suppression, low interest rate environments have been very beneficial for corporations and profitability. and if rick's right about what's going on with treasuries, that could continue for a while longer. but ultimately, we have to pay the piper for cost-cutting environments because it's impacting economic growth. >> i think this raises an important point about misallocation. >> i have breaking news you want to comment on, jeff. go ahead. >> misallocation of capital. what are companies doing with all their money? are they using it to grow or are they using it to simply reward shareholders? i mean, that presents the growth question further down the road. >> let me -- let me ask the guys to put up the chart of apple. let me see what it's doing. we just got word carl icahn has tweeted. it's not doing anything. maybe they'll hear about it right now. carl icahn tweeted gave apple notice it will be calling for a vote to increase the buyback program, but not at the $150 billion level. he's been calling for that -- an increase buyback and maybe
and that's because of all the cost-cutting, wage suppression, low interest rate environments have been very beneficial for corporations and profitability. and if rick's right about what's going on with treasuries, that could continue for a while longer. but ultimately, we have to pay the piper for cost-cutting environments because it's impacting economic growth. >> i think this raises an important point about misallocation. >> i have breaking news you want to comment on, jeff. go...
193
193
Dec 6, 2013
12/13
by
CNBC
tv
eye 193
favorite 0
quote 0
tougher than expected sales environment, heightened promotional environment. these are actually quotes from the conference call. over and over again. the other side is that herb greenberg writes saying wait a second, what really happened is the ceo came in, and turned around and said maybe things aren't so great. so people might say this stock is down 20 and have i to buy it. typically a down 20 stock is down again the next day. >> someone called it a welcome reversal from overwrought optimism. right? >> yeah. go to the ulta web site. the buon did well, this was a very specialized business. what was most daunting was that we basically felt how could ulta ever miss? compare that with canness, a texas-based retailers that sells mat interestses and everyone felt like they could roll them out forever. when you see this, carl, understand this is the fire you play with when you're in retail that is supposed to have no glitches. this story was not supposed to have a glitch and people are basically saying i didn't even know they were that price sensitive. they were do
tougher than expected sales environment, heightened promotional environment. these are actually quotes from the conference call. over and over again. the other side is that herb greenberg writes saying wait a second, what really happened is the ceo came in, and turned around and said maybe things aren't so great. so people might say this stock is down 20 and have i to buy it. typically a down 20 stock is down again the next day. >> someone called it a welcome reversal from overwrought...
143
143
Dec 9, 2013
12/13
by
CNBC
tv
eye 143
favorite 0
quote 0
>> europe's coming out of the recessionary environment and starting to see positive gdp growth. if you're looking to invest in a local recovery in europe. it's the opposite of what's happening in japan. a weak yen is helping exporters, strong euro helping the strong exporters in europe. dfe is a european small cap etf that gets you access to the local european recovery story. >> thank you for your time this morning. >>> watching shares of mcdonald's as well, the world's largest fast food company, global same-store sales up a half percent in november. europe restaurants making up for the u.s. senior restaurant analyst at jeffrey's, good morning to you. peter, what happens it going to take? zero in on the u.s. persistent weakness here, why is it happening? is it going to reverse? >> well, you know, i think the good news for mcdonald's they do more traffic and volume than many competitors, $2.7 million per restaurant, average volume about 1300 transactions per day per restaurant compared to chipotle at 550. bad news, they're struggling to get incremental traffic. in the month of oc
>> europe's coming out of the recessionary environment and starting to see positive gdp growth. if you're looking to invest in a local recovery in europe. it's the opposite of what's happening in japan. a weak yen is helping exporters, strong euro helping the strong exporters in europe. dfe is a european small cap etf that gets you access to the local european recovery story. >> thank you for your time this morning. >>> watching shares of mcdonald's as well, the world's...
184
184
Dec 5, 2013
12/13
by
CNBC
tv
eye 184
favorite 0
quote 0
certainly one potential positive from a higher rate environment. kyle, you know, this has become a name that seems to be a favorite among some hedge funds. and i can think about other names in the past, jcpenney, for example, that have not worked out particularly well when we see a lot of hedge funds pile in sort of when it becomes the flavor of the moment. does that concern you at all? >> it always concerns me. and look, in jcpenney, what ended up happening there was, analogous to a retail banking institution when you have, you know, 2.8 billion in payabilities and you only have $1 billion worth of cash on hand or liquidity and the vendors decide that to change their terms like depositors running from a bank, when the vendors change their terms, it forced jcpenney to raise new money and dilute the shareholder base by almost 40%. we thought the new ceo would be able to stabilize things. what we got wrong was the fact that the vendors could change their terms very quickly. but in this case, you have gm working and pardon the pun, but hitting on all
certainly one potential positive from a higher rate environment. kyle, you know, this has become a name that seems to be a favorite among some hedge funds. and i can think about other names in the past, jcpenney, for example, that have not worked out particularly well when we see a lot of hedge funds pile in sort of when it becomes the flavor of the moment. does that concern you at all? >> it always concerns me. and look, in jcpenney, what ended up happening there was, analogous to a...
138
138
Dec 6, 2013
12/13
by
CNBC
tv
eye 138
favorite 0
quote 0
it's a more positive market environment. >> steven, some people note the correlation between the dollar and the u.s. ten-year treasury yield has broke b down of late. do you think that is the case? >> well, it's kind of broken down the last two or three days. which isn't fair to judge a correlation. but i think the key issue is this -- that what we've seen over the last couple of days is the market has had to adjust rapidly its expectations of tapering is that volatility indications, indication of risk, the vix has backed up and that offset a lot of the positive impact that a higher interest rate has on the currency because risk managers tell you you can't hold as much, that they're worried about their value at risk. i think, though, that the volatility won't come down and we'll see the dollar rally again. >> steve, we've got more time with us. steven englander with some ideas there for us. >>> let's take a look at today's other top stories. deutsche bank has pulled the plug on commodities trading to become the first bank to exit the sector due to pressures. it will cut 200 jobs as it s
it's a more positive market environment. >> steven, some people note the correlation between the dollar and the u.s. ten-year treasury yield has broke b down of late. do you think that is the case? >> well, it's kind of broken down the last two or three days. which isn't fair to judge a correlation. but i think the key issue is this -- that what we've seen over the last couple of days is the market has had to adjust rapidly its expectations of tapering is that volatility...
74
74
Dec 3, 2013
12/13
by
CNBC
tv
eye 74
favorite 0
quote 0
a lot of people said you're missing the boat but not in this environment. >> in the meantime, here's what's coming up next on "squawk on the street." >>> coming up, we follow the beat of the drums and the one beating them is jim cramer, playing the song "six stocks in 60 seconds." "squawk on the street" will be right back. ya know, with new fedex one rate you can fill that box and pay one flat rate. how naughty was he? oh boy... [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] fedex one rate. stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. >>> let's get "six in 60" with jim. start with holly frontier. >> the incredible glut in the united states oil because of production has made it so refiners make a lot of money. >> jpm, goldman. capital plans. >> this means jpmorgan can return money. stock goes higher. >> you say acena delivered. >> continental research. >> if you believe there is a glut, buy it, otherwise stay away. >> c
a lot of people said you're missing the boat but not in this environment. >> in the meantime, here's what's coming up next on "squawk on the street." >>> coming up, we follow the beat of the drums and the one beating them is jim cramer, playing the song "six stocks in 60 seconds." "squawk on the street" will be right back. ya know, with new fedex one rate you can fill that box and pay one flat rate. how naughty was he? oh boy... [ male announcer ]...
101
101
Dec 2, 2013
12/13
by
CNBC
tv
eye 101
favorite 0
quote 0
i think the regulatory environment will pressure people to have one on one relationships with clients undisturbed by the oversight that's meant for balance sheets and i'm not saying it's bad. >> i'm not following you. >> think a lot of oversight in place is to stop massive errors, balance sheet errors. if you have a trillion dollars of derivatives, multiple sites of oversight is important. i think it's in direct contradiction. the most important thing is multikl points of information, transparency where everyone knows when's going on. this is the exact opposite. we sometimes working on a transaction right now where i would say five or six people in the firm know about it. that's the way we like it. secrets are often betrayed solely because of the number of people involved. not because anybody has a bad, you know, a bad idea in their head. it's just the number of people. >> interesting. you know, you mentioned slow, steady progression in m&a but the slow is one to emphasize. this is not a good year by many standards for merger and acquisition activity. >>s no at boom year by the statis
i think the regulatory environment will pressure people to have one on one relationships with clients undisturbed by the oversight that's meant for balance sheets and i'm not saying it's bad. >> i'm not following you. >> think a lot of oversight in place is to stop massive errors, balance sheet errors. if you have a trillion dollars of derivatives, multiple sites of oversight is important. i think it's in direct contradiction. the most important thing is multikl points of...